The currency pair New Zealand Dollar/US Dollar (NZD/USD) jumps from the bullish trendline downwards
A bearish movement downwards to the next support line at 0.58718 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.59193 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59287 |
| 2nd High | 0.59203 |
| Next High | 0.59193 |
| Current Price | 0.59110 |
| Next Low | 0.58718 |
| 2nd Low | 0.58492 |
| 3rd Low | 0.58149 |
0.59193 – 0.59203 – 0.59287 – 0.58718 – 0.58492 – 0.58794 —
0.59069 – 0.59201 —
54.308840492974 – 62.417845208301 —
– —
0.59193 – 1776790800
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –